This paper uses a new cross-country cross-industry dataset on investment in tangible and intangible assets for 18 European countries and the US. We set out a framework for measuring intangible investment and capital stocks and their effect on output, inputs and total factor productivity. The...

Integrated quarterly sector accounts (QSA) provide an analytical tool to understand the generation, allocation and use of income for all institutional sectors in the economy. They also provide a tool to analyse production from a sectoral point of view instead of an industry point of view....

The policy focus on excessive leverage in the euro area has raised interest in developing comprehensive analytical approaches to better understand the interrelationship between leverage and deleveraging processes across economic agents. In particular, the interplay between government debt and...

Household budget surveys in sub-Saharan Africa are designed to facilitate poverty measurement and may fail to fully capture consumption in wealthy households. As a result, inequality is likely underestimated. We address upper tier consumption underreporting by aligning consumption derived from...

This paper documents the compilation of a Pre-Prototype 2015 Social Accounting Matrix for Myanmar and provides an overview of key economic structural features of this emerging economy in a challenging process of transition. We built this Social Accounting Matrix using National Accounts and...

This paper documents a 2015 Social Accounting Matrix (SAM) for Mozambique. The SAM is built using unpublished Instituto Nacional de Estatística (INE) industry-level production accounts, commodity-level supply-demand balances and a supply matrix, together with national accounts, National...

This paper documents the construction of a Social Accounting Matrix (SAM) for Zimbabwe in 2013. The SAM was built using National Accounts data from the Zimbabwe National Statistics Agency (ZIMSTAT), including balance of payment data, government finance data, and highly aggregated industry-level...

Macroeconomic aggregates on households' wealth have a long tradition and are widely used to analyse and compare economies, yet they do not provide any information about the distribution of assets and liabilities within the population. The Household Finance and Consumption Survey (HFCS)...

Gross domestic product (GDP) is the most widely used indicator from the system of national accounts. Although often interpreted as an indicator for (economic) well-being, it first and foremost monitors economic activity, and falls short of reflecting broader measures which try to capture...

The information revolution currently underway has changed the economy in ways that are hard to measure using conventional GDP procedures. The information available to consumers has increased dramatically as a result of the Internet and its applications, and new mobile communication devices have...